Property profile

113 2nd NE St Mitchellville, IA 50169

OFF-MARKET
Apartment buildings
Property ID
US25-0274221
5,984 SF 0.2 ac lot Built 1972
Entity Owned 6-yr Hold
Saved · see the list in your Dashboard

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1972
Construction FRAME
Total area 5,984 SF
Lot 0.2 ac (8,800 SF)
Zoning code R-3
APN 141/00059-000-000
UPID US25-0274221

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

113 2nd NE St Mitchellville, IA 50169-8405
Mitchellville metro Census 10702 DES MOINES-WEST DES MOINES, IA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2020
Last sale
$378,000
4 recorded transactions
2020
$378,000
2006
$285,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R-3 · Mitchellville, IA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 113 2nd NE St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message